What kind of things should be taught in public schools? What should they say about evolution? What about climate change? Is it okay to teach the Bible as the important historical document it undeniably is, or does this violate the
Archive for January, 2014
Johann Gutenberg: Genuine Inventor and Benefactor of Mankind
Reprinted from Strike-the-Root.com In a previous essay, NASA, the Aerospace Welfare Queen, we explored what happens when technology is grafted onto big-government militarism and the bread-and-circuses mentality of the state. The result? The kind of scientific ‘achievement’ described by Ayn Rand
The Bernank Celebrates
When the last helicopter left the Vietnamese city of Saigon, Uncle Sam hung his head in defeat. The commies had won. The billions of dollars spent, lives lost, and damaged prestige were all lasting consequences. The war left a black
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Peter Schiff Talks Minimum Wages on The Daily Show
As many Austro-libertarians by now have seen, Peter Schiff was recently the subject of ridicule on The Daily Show. As you can see in the linked video, Samantha Bee’s bit portrays Schiff as a heartless, ignorant buffoon, whose opposition to
Journal of Prices & Markets
The first issue of the Journal of Prices & Markets is now available as a paperback. Published by the Ludwig von Mises Institute of Canada, JPM is a journal that seeks to improve the understanding of the role of markets in
My letter to the NY Times re: Reviving New Deal Fallacies
Re: Confronting an Old Problem May Require a New Deal, by Eduardo Porter Dear Sirs: Mr. Porter recently trotted out every discredited economic idea of the New Deal, from Keynes’ fallacious idea of permanent, structural unemployment to the fallacious idea
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Seth Daniels on Austrian Economics
Daily Bell: It’s refreshing to speak to a fellow Austrian in the investing field. Tell us a bit about your educational and vocational background. Seth Daniels: I started in the investment industry in 2000 working for a legendary growth investor
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Robert Murphy vs. Bill Still on the Money Power
The following video is a debate I recently had at the “Save Long Island” forum, against Bill Still, creator of the “Money Masters” documentary: As the problems with central banking and fractional-reserve banking become more widely recognized, I think it’s
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Some Pros of MMPR
MMPR stands for Marihuana for Medical Purposes Regulations. This is the so-called “free market” in medical marijuana delivery. On April 1st it will officially replace the MMAR (Marihuana Medical Access Regulations) by restricting the supply of marijuana growers to designated
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My letter to the NY Times re: Yellen’s analysis won’t help
Re: Don’t expect job data to persuade Fed on rates Dear Sirs: Floyd Norris reports that Janet Yellen loves to study all those employment statistics in order to set Fed policy. And that is the problem. The Fed’s new leader believes that
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More Bank Runs Coming
After last week´s decision by HSBC to halt its policy of not honouring large withdrawal requests by depositors comes news of the Russian bank “My Bank” implementing its own run-protection measure. “My Bank”, one of Russia´s top 200 lenders by
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The Street Keynesians
Reprinted from Taki’s Magazine According to a poll carried out by the Figaro newspaper, only 17% of the French believe that 2014 will be a good year, but in fact it started very well for France. Only 1,064 cars were burned by
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Krugman on Mises on the Great Depression
Paul Krugman recently piggybacked upon a critique of Mises’ views on the Great Depression. There’s really nothing new in Krugman’s post, but as an ardent Misesian with a book on the Great Depression and a public vendetta against Krugman…I am
Lowering Barriers to Entry to Boost Doctor Supply
Where have all the good doctors gone? Becoming a doctor is no easy task. It takes a lot of time, a lot of effort and a lot of money to make it through medical school, and even after that there
The Case against Public Science
Reprinted from Cato Journal For libertarians, economic growth is the growth that barely speaks its name. That is because conventional opinion asserts that economic growth is the gift of government. Secondary issues such as the efficient distribution of goods and
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The New Republic’s Guilt by Association
Plenty of ink has been spilled on the Edward Snowden leaks, and government leaks in general. Opinions on the bespectacled whistleblower run the gamut between savior and treacherous cretin. Libertarians and progressives love the guy. Political elites loathe him. California
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January Mises Meet!
*UPDATE*: Our speaker this month will be Jessica Annis of Operation Pushback. The title of her talk will be “Surviving Sustainability - The Ontario Case Study.” Come kick off the new year with your friends in liberty at the Mises
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Canada’s Tidal Wave of Credit
Be mindful of what will happen when interest rates rise, but note that rising debt levels in Canada are no reason to panic, at least according to Stephen Harper. Canada’s Prime Minister is quick to note that his wife and
